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May 3, 2026
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Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Payments startup Forage lands $22M to make online grocery accessible to 42 million Americans on government food assistance program (SNAP)
Nickie Louise Posted On August 8, 2022


The United States is the richest country in the world. Yet, one in eight Americans receives government assistance to buy their weekly groceries, which translates to 42 million Americans who receive food assistance from the government Supplemental Nutrition Assistance Program, also known […]


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Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto exchange Zipmex to release Bitcoin, Ethereum to 60% of its customers just a week after it filed for bankruptcy
Nickie Louise Posted On August 8, 2022


Zipmex came under investigation by Thailand SEC after the crypto exchange suspended withdrawals for all its customers. The startup resumed withdrawals on the same evening but it was a little too late. A week later, the Singapore-based Zipmex filed for bankruptcy […]


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1.3K Views




Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
SoftBank reports its biggest ever loss, posts a $21.6 billion in quarterly loss
Daniel Levi Posted On August 8, 2022


Softbank reports its biggest loss ever, posted a $23.4 billion in quarterly loss as the global market sell-off spread to tech stocks and shredded valuations at its Vision Fund unit. The announcement comes just two years after the Japanese giant posted a […]


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Cryptocurrency  / Featured  / Startup Spotlight  / Technology News
Crypto.com acquires South Korean tech startups to expand its footprints in Asia and take on local giants
Nickie Louise Posted On August 8, 2022


Late last month, we wrote about Crypto.com after the crypto exchange startup received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services. The approval enables Crypto.com to […]


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Acquisition  / Health  / HealthTech  / Medicine  / Startup Spotlight  / Technology News
Pfizer in talks to buy sickle cell drug maker Global Blood Therapeutics for $5 billion, report
Nickie Louise Posted On August 5, 2022


With billions of dollars from the covid vaccine windfall, pharmaceutical giant Pfizer is reportedly in late-stage negotiations to buy the drug maker Global Blood Therapeutics (GBT) for $5 billion, The Wall Street Journal reported Friday. The acquisition is part of Pfizer’s effort […]


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Bitcoin  / Blockchain  / Cryptocurrency  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto exchange Bitget launches a $200M protection fund to secure and safeguard users’ digital assets
Nickie Louise Posted On August 5, 2022


In recent months, we’ve heard horror stories of millions of crypto investors losing their personal savings to the collapse of Celsius after the crypto lender suddenly belly up overnight. Hundreds of these retail investors have gone as far as sending […]


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1.7K Views




Startup Spotlight  / Technology News
Vietnam’s EV tech startup VinFast is hiring 8,000 new employees even as tech companies continue to lay off thousands
Daniel Levi Posted On August 5, 2022


Late last month, we wrote about VinFast after the new Vietnamese electric vehicle (EV) tech startup made its push into the US market. VinFast is a subsidiary of Vingroup, Vietnam’s largest conglomerate founded by Vietnam’s richest man Phạm Nhật Vượng. […]


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1.8K Views




Acquisition  / Featured  / Robotics  / Startup Spotlight  / Technology News
Amazon buys Roomba vacuum cleaner maker iRobot for $1.7 billion in an all-cash deal
Nickie Louise Posted On August 5, 2022


Amazon announced today it has acquired the maker of Roomba robot vacuum cleaner iRobot Corp for $1.7 billion in an all-cash deal, as part of the latest push to grow its connected device cart products and add to its cart of smart […]


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Cryptocurrency  / Featured  / Startup Spotlight  / Technology News
Stock and crypto trading app Robinhood lays off 23% of its workforce as recession hits the crypto market
Daniel Levi Posted On August 4, 2022


Commission-free stock and trading app Robinhood is laying off 780 staff, about 23% of its total workforce. The layoffs followed a previous round of layoffs that the company announced in April, which saw 9% of its people (~342 people) out of jobs. […]


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1.6K Views




Press Release  / Space  / Startup Spotlight  / Technology News
FAA selected New York UAS Test Site (NYUASTS) for the UTM Field Test Project
Daniel Levi Posted On August 4, 2022


The Federal Aviation Administration (FAA) has awarded a task order contract to the New York UAS Test Site (NYUASTS) for the next uncrewed aircraft systems (UAS or drone) integration project to help advance the reality of safe, high-volume drone operations, […]


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Cryptocurrency  / Featured  / Startup Spotlight  / Technology News
Coinbase inks a deal with BlackRock to offer bitcoin access to institutional investors, despite crypto bear market
Daniel Levi Posted On August 4, 2022


Crypto exchange Coinbase has partnered with the world’s largest asset manager BlackRock to offer direct access to bitcoin to some institutional clients. The partnership further shows that the ongoing crypto bear market has done little to stop investors’ interest in […]


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Acquisition  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Softbank-backed Brazilian giftback platform CRM&BONUS acquires social media sales startup Zipper for $4.7 million
Nickie Louise Posted On August 4, 2022


CRM&BONUS, a Softbank-backed Brazilian giftback platform, announced today it has acquired social media sales startup Zipper for 25 million reais ($4.7 million) in cash and part in shares. “This acquisition allows us to increase offers to retailers to help them raise […]


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2.9K Views




Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Walnut Disrupts the B2B Sales Industry With #WeAreProspects Campaign
Nickie Louise Posted On August 4, 2022


The SaaS industry has been booming over the past several years. After a global valuation of $31.5 billion in 2015, the market for cloud-based solutions is expected to reach a staggering $208 billion by the end of 2023, highlighting just […]


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1.8K Views




Blockchain  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Astar teams up with Alchemy to accelerate web3 development on Polkadot ecosystem
Nickie Louise Posted On August 3, 2022


Astar Network, a multi-chain decentralized application layer on Polkadot, today announced a partnership with blockchain development platform Alchemy. As part of the tie-up, Astar will leverage Alchemy’s APIs to provide powerful tooling on Polkadot. The move will make it easier for […]


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Acquisition  / Startup Spotlight  / Technology News
Auto-parts maker BorgWarner acquires electric-vehicle charging provider Rhombus Energy in a deal valued up to $185 million
Nickie Louise Posted On August 3, 2022


BorgWarner, a 130-year-old auto-parts maker, announced today it has acquired Rhombus Energy Solutions to complement its existing European charging footprint to accelerate organic growth. BorgWarner said the enterprise value of the deal can go up to $185 million, which is being funded primarily with […]


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1.6K Views




Cybersecurity  / Security  / Startup Funding  / Startup Spotlight  / Startups  / Technology News
Cybrary lands $25 million for its training platform for cybersecurity professionals
Nickie Louise Posted On August 3, 2022


The demand for cybersecurity professionals is at an all-time high. The increased in cyberattacks, coupled with the pandemic has driven up the demand for experienced professionals. With colleges not graduating enough technically skilled cybersecurity professionals, the demand for cyber professionals far outnumbers […]


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1.8K Views




Startup Spotlight  / Technology News
NFTs.com sold for $15 million, making it one of the top 10 most expensive domain names ever sold
Nickie Louise Posted On August 3, 2022


Non-fungible tokens (NFTs) have skyrocketed in popularity over the last two years. But with the ongoing global economic downturn and looming recession, the NFT space is currently going through some correction just like the stock market. While trading in the NFT […]


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1.4K Views




Emerging Technology  / Featured  / Internet of Things  / Startup Spotlight  / Startups  / Tech Startups  / Technology News
Swiss IIoT tech startup VISENSE bags €750K in pre-seed funding to help industrial manufacturers battle machine downtime
Daniel Levi Posted On August 3, 2022


In the past three years, over 80% of producers recorded an unexpected downtime in manufacturing leading to an hourly cost of up to $260.000, according to a recent report from Aberdeen Research. The situation is even direr in the industrial sector. Now, […]


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2.2K Views




Acquisition  / Featured  / Startup Spotlight  / Technology News
Thoma Bravo buys Ping Identity for $2.8 billion in an all-cash buyout deal
Nickie Louise Posted On August 3, 2022


Private equity giant Thoma Bravo continues with its acquisition spree. Ping Identity announced today that Thoma Bravo is buying the Enterprise identity management company and would take it private, in an all-cash buyout deal valued at $2.4 billion. As part of the […]


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1.4K Views




Cryptocurrency  / Featured  / Startup Spotlight  / Technology News
Michael Saylor steps down as the CEO of MicroStrategy after 33 years
Daniel Levi Posted On August 2, 2022


Michael Saylor is leaving his role as CEO of MicroStrategy to become Executive Chairman of the company, according to a statement released this afternoon. MicroStrategy’s president, Phong Le, will become the company’s new CEO. Saylor founded MicroStrategy in 1989 with his […]


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